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CardioComm Solutions Inc V.EKG

Alternate Symbol(s):  EKGGF

CardioComm Solutions, Inc. is a global medical provider of consumer heart monitoring and medical electrocardiogram (ECG) software solutions. The Company’s technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. It develops advanced software, hardware and core laboratory reading services related to ECG and ambulatory arrhythmia monitoring systems for medical and consumer markets globally. Its Global ECG Management Solutions (GEMS) and GlobalCardio (Cloud based GEMS) products are licensed worldwide to hospitals, ECG commercial reading services and physicians. The Company is also engaged in manufacturing, marketing, and sales of personal ECG monitors direct to consumers. The products are marketed under the HeartCheck brand. It has developed compatibility of the HeartCheck device to its GEMS and GlobalCardio based software to enable use of the device for remote ECG/arrhythmia monitoring services.


TSXV:EKG - Post by User

Bullboard Posts
Comment by Topham.tradingon Apr 24, 2012 11:30am
168 Views
Post# 19828718

RE: RE: Reality

RE: RE: Reality

January 19, 2012

CardioComm Solutions, Inc. Receives FDA Clearance to Market First

Over-the-Counter Heart Monitoring Solution

Firm Has Exclusive International Distribution of HeartCheck™ Pen &

Associated GEMS Home Software

Toronto, Canada - - January 19, 2012 - - CardioComm Solutions, Inc. (TSX-V: EKG), a global

medical provider of ECG acquisition and management software solutions, received clearance from

the Food and Drug Administration (FDA) for over-the-counter (OTC) sales and marketing of their

consumer-based, hand-held heart rhythm monitor known as the HeartCheck™ Pen Handheld ECG.

The FDA clearance also included CardioComm Solutions' GEMS™ (Global ECG Management

System) Home software, which enables the HeartCheck™ Pen to be connected to a personal

computer to upload the heart rhythm recording to CardioComm Solutions' C4 medical call service

telemedicine group for review by a physician.

The HeartCheck™ Pen and GEMS™ Home solution provide an extension to the HeartCheck™

ECG Monitor solution which may be used only under physician direction. Both devices can

communicate with CardioComm Solution's C4 medical call centre.

“Through this consumer product,” said Etienne Grima, CardioComm Solutions' CEO, “we are truly

putting people's heart health into their own hands.” The Pen will display only the heart rate count

until an interaction with a physician occurs. Once a C4 physician has provided review and feedback

to the customer, the Pen's screen can be unlocked to display the real-time ECG and heart rate

count for subsequent heart rhythm recordings.

“We feel the HeartCheck™ Pen is a true remote monitoring device because it is compact, easy to

use, and takes accurate heart readings in only 30 seconds. The Pen may be used from anywhere,

including at home, the office, the gym or in remote areas which are often inaccessible to common

ECG machines,” said Grima.

The HeartCheck™ Pen stores up to 20 ECGs, and its data can be downloaded to GEMS™ Home,

where repeated recordings can be managed in a personal health data record. The GEMS™ Home

software offers a simple software user interface for managing heart rhythm recordings and

associated data.

“What makes this product unique,” explained Grima, “is that after a consumer sends a selected

heart rate recording to the C4 medical call center over the internet using GEMS Home, the actual

ECG recording will be reviewed and interpreted by an attending C4 physician. The ECG report will

then be made available to the customer, again through GEMS™ Home, where they may retrieve

the ECG interpretation and use it in communicating with their own health care providers.”

“Any person interested in monitoring their health for primary or secondary disease reasons would

benefit from this solution,” stated Michael Baber, Business Development Director for the

HeartCheck™ brand. CardioComm Solutions is now in the process of developing market channels

for the distribution of this new device and service.

“Our cycle time for bringing this product to its current market-ready stage has been less than 14

months, and we intend to keep the momentum going,” reported Grima. Dr. Anatoly Langer,

Chairman of the Board for CardioComm Solutions confirms, “As a cardiologist, I believe this

development represents the cutting edge of the intersection between medicine and technology.

Informed consumers who wish to have the freedom and the security of monitoring their health will

welcome being connected when they wish to access the expertise that comes with our leading ECG

management software GEMS.”

“A priority for the current year is the global commercialization of the HeartCheck™ Pen Handheld

ECG Monitor and GEMS™ Home solution,” stated Grima. “In association with the launch of this

new offering, we are preparing for a financing round with an eye toward private placement.

Together with the anticipated completion of our new GEMS™ 4.0 platform, 2012 indeed promises

to be an exciting time for CardioComm Solutions.”

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More Information

For more information on the HeartCheck™ Pen or any CardioComm Solutions product or service,

call the sales and marketing group at 1-877-977-9425 toll free in the U.S. and Canada, or email

sales@cardiocommsolutions.com.

About CardioComm Solutions, Inc.

CardioComm's patented and proprietary technology is used in products for recording, viewing,

analyzing and storing electrocardiograms (ECGs) for diagnosis and management of cardiac

patients. Products are sold worldwide through a combination of an external distribution network and

a North Americanbased sales team. The company has earned the ISO 13485 certification, is HPB

approved, HIPAA compliant, and has received FDA market clearance for its software devices.

CardioComm Solutions, Inc. is headquartered in Toronto, Canada, with offices in Victoria, B.C.

# # #

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release."

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CardioComm

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